Facebook Owner to Lay-off 10,000 Staff
Meta, which owns Facebook, Instagram and WhatsApp, has announced plans to cut 10,000 jobs. It will be the second wave of mass redundancies from the tech giant, which laid off…
After 2 Years Ban: Donald Trump Regains Access To His Facebook And Instagram Accounts
Meta has restored former President Donald Trump’s access to his Facebook and Instagram accounts after a roughly two-year suspension, according to multiplereports. The decision allows him to broadcast his views and…
Mark Zuckerberg Pledges to Make 2023 a Year of Efficiency
For years, Facebook and its CEO Mark Zuckerberg invested heavily in growth, including in areas like virtual reality with unproven potential. But after a brutal year in which the company lost…
Meta Settles Cambridge Analytica Scandal Lawsuit for $725m
Facebook owner Meta has agreed to pay $725m (£600m) to settle legal action over a data breach linked to political consultancy Cambridge Analytica. The long-running dispute accused the social media…
Meta Faces $2 billion Lawsuit for Fueling Ethnic Violence in Ethiopia
The parent company of Facebook, Meta, was sued on Wednesday in Kenya’s High Court for allegedly encouraging hate speech, inciting ethnic conflict, and failing to moderate content in Eastern and…
Apple Market Value Surpasses Alphabet, Amazon and Meta combined
Apple is now worth more than fellow tech giants Alphabet, Amazon and Meta combined, after it ended trading Wednesday with a market value of $2.307 trillion. The iPhone maker’s worth…
Facebook Parent Meta’s Revenue, Profit Decline Amid Ad Slump
year ago, Mark Zuckerberg declared virtual reality the next frontier to drive Facebook’s growth. But so far, there has been very little of it. The company’s share price has plunged,…
Nigeria Government Sues Meta, Owners of Facebook, Instagram, Whatsapp, Seeks N30bn
The Advertising Regulatory Council of Nigeria has lodged a suit against Meta Platforms Incorporated, the parent company of Facebook, Instagram and WhatsApp platforms and its agent – AT3 Resources Limited…
Nigeria Launches AMBER Alert To Help Find Missing Children
The Nigerian Government in partnership with Meta, formerly known as Facebook, has launched America’s Missing Broadcast Emergency Response, AMBER Alert, as part of efforts to address cases of missing children…
Mark Zuckerberg Drop to 20th in World’s Richest Person’s List
Mark Zuckerberg’s net worth has plummeted by $70 billion so far this year, a fall of 55%. Meta’s net income has fallen amid huge investments in the metaverse and a…
Galaxy Backbone Mulls Partnership with Metamap to Spread Services Across Borders
Nigeria’s owned last-mile connectivity infrastructure service provider, Galaxy Backbone Limited is on the verge of sealing a partnership deal with Metamap, a foremost Software -As-A – Service provider enabling trust-based…